Home / Knowledge / News / Textiles / Changes good for Guangdong textiles – Experts
Changes good for Guangdong textiles – Experts
Jun '08
Since the beginning of 2008, Guangdong textile industry has seen many changes. This is largest textile and garment export province in China and is famed for its clothing products.

Official data shows that in the initial months of this year thousands of garment export companies have given up the business to venture into other sectors like real-estate and retail. On the other hand, scores of new enterprises have entered textile field.

According to Guangzhou Customs statistics, during January to April 2008, Guangdong had 9,853 enterprises dealing in clothing exports, of which 3,654 were new projects with no export record during the same time last year.

Meanwhile, 3665 export enterprises had registered exports during the corresponding period of 2007, but had no such record this year.

Thus, it shows that number of withdrawing companies and entering ventures in garment exports is almost the same.

From January to May 2008, China's exports of clothing and clothing accessories reached US $40.09 billion, a year-on-year increase of 9.3 percent.

Of these, exports from Guangdong were $8.62 billion, down 21.8 percent. Especially the May exports marked substantial decrease of 30.6 percent to touch $2.48 billion.

Experts believe that these structural and administrative adjustments are good for the Guangdong garment industry. These changes are bound to encourage quality products, which will, inturn, boost exports.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Deepak Jain

We are using Facebook and Instagram to promote ourselves

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search